Fast-growing budget-friendly brand MG says it is poised to receive significant shipments of stock outside of China in the coming months, which will help it overcome supply disruptions.
Although not under the huge waiting list affecting many competing brands, the Shanghai Coveid shutdown has caused supply chain headaches. After all, MG’s parent company is SAIC Motor, headquartered in Shanghai.
“Due to problems with the global supply chain, the arrival dates of some of our vehicles may be delayed from being initially estimated at the time of order.
MG Motor Australia is currently working with our parent company to minimize this delay, “the company said this week.
“In order to easily disrupt the global supply chain, we will aim to increase output at our manufacturing facilities in an ongoing effort to meet the needs of our growing customers … please be sure that we are doing our best to ensure as much delay as possible.”
It is understood that the reversal of restrictions will lead to a strong return to production, which means more availability of MG’s best-selling MG3 hatch and ZS small SUV, as well as its increasingly popular HS mid-size SUV.
“MG is on track to receive significant shipments of stock across our vehicle range in Australia and New Zealand in the coming months.
“About 7,000 vehicles are expected to arrive in July,” a company spokesman told us this week.
Based on sales figures, this number of cars is about seven weeks’ demand.
This 7000-car consignment includes a mix of MG cars, including some updated 2023 MG ZS EV electric SUV, which will hit the market in August.
The pre-updated MG ZS EV was the second best-selling electric car in Australia behind the Tesla Model 3 last year, but competition is growing.
MG Australia’s factory-backed division has been a huge success story in recent times, where astronomical sales growth has come from its range of cheap products that reduce most parts of the mainstream by thousands.
So far from 2022 to the end of April, it ranks seventh in the market, with 16,040 sales per year and a market share of 4.7 percent. It is ahead of brands including Nissan, Subaru, Volkswagen and Honda in the sales chart.
More: MG 3 and Suzuki Baleno, cheap and cheerful sales star
More: The 2022 MG ZS EV is priced at $ 46,990 drive-away, with long range
Further: With the development of the market, Chinese brands have surpassed Subaru and Honda